Daily Archives: August 14, 2011

They rushed to help

Aftermath of that stadium collapse. I don’t want to live in Mid-west, but I sure do admire its people.

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Wall Street bonuses won’t be so hot

That’s what this guy says. For the life of me, I can’t understand sellers who are convinced that they should hold out for next year but then, I’m not a seller.

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A poll of my peers

Speaking with friends about our coming 40th high school reunion, I was struck that most of us expect to work until we die, hopefully long before our 80’s. I’m going to try to put a poll into the reunion materials and see what I see, but the pessimism among a (very limited) poll of Greenwich High School graduates is striking. We were supposed to be among the best and gifted, yet we’re just hoping to hold on until we can’t keep going. I may have gathered the wrong friends, of course, but for Greenwich, and for some very smart people, I think this is a different mindset than our parents had.

UPDATE: It strikes me that this is an ungrateful post. I’m not talking the Good Earth and peasant life, for God’s sake – my peers and I have lived blessed lives, and I acknowledge that. But our hopes for a quiet retirement in a Florida trailer park and leaving a modest inheritance to our children are pretty much gone. So it goes.

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Okay, if the Washington Post agrees with me, I must be wrong

They support a pipeline to bring oil sands product to the US. I can probably stand the shame, but if the New York Times comes to the same conclusion, I’ll have to re-think my position. Little chance of that, thank goodness.

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Funny, but kind of sad

Greenwich High ’71’s 40th reunion is coming up in two weeks. I hadn’t planned to go and posted that intention here  but GPD Folk talked me into it. I’m now hearing that a bunch of my old friends are coming back into town for the occasion and that’s going to be great. But speaking to a couple of them, setting up accommodations here, we all turn out to have had the same thought: we might not be around for our fiftieth. Life goes on, but not necessarily for all of us.

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The new reality

White House: Extended unemployment insurance will create a million jobs.

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Free houses

The New York Post investigates foreclosures and finds that 90% are based on faulty documentation. I have no problem with invalidating law suits founded on phony documents – you simply can’t run a judicial system that way – but you know  (or at least I guess) that these homeowners really did borrow the money and took the proceeds. I’m not particularly sorry for the banks, but there is a huge mess out there in the real estate market.

UPDATE: I suppose what’s got my mind wandering is, what do you do if you’re a law abiding citizen who owes a whole bunch of money to a bank? Do you continue to pay on a house that’s now worth less than you paid for it or default, and see whether your lender of ten years ago is (A) still around and (B) has your documents?

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George Soros, Liberal Icon

His meals in the Hamptons: men at one table, women at another, kids at a third. And he made his mistress sit at the kids’ table.

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Drunks at work

The NY Post observes drinking habits of workers at the new World Trade center tower and is alarmed. I don’t know – when I worked construction while on college break I’d watch the masons down two six-packs apiece during lunch and they’d resume work with no apparent  ill effect . I tried one beer with them a couple of times  and felt it affected me badly, so I stopped. Different strokes for different folks, but if I were a foreman, I think I’d keep an eye on my bar-patronizing workers.

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A $3 million contribution for a homeless shelter

I don’t watch the show so I don’t know the woman but the Today Show hostess paid $2.9 million for a townhouse on 71st Street in 2003 and bums have been living in it for years. The neighbors are not amused.

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I disagree: he should go to Martha’s Vineyard and stay there

WaPo: No time for the president to head for the Vineyard.

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Silver lining

Famine in Somalia knocking down the terrorists because there’s nothing left to extort. I wonder if there’s a lesson here for “legitimate” governments.

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Break up the big banks?

Interesting article on retiring Thomas Hoenig, the Fed Governor from Kansas City. I don’t pretend to know much about any of this but he did warn of what was coming in 1996 and has kept saying it. Seems to me that events have proved him right.

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A waste of money?

Movies made in Greenwich using state taxpayers’ subsidy. Let them go to Canada.

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